The Time for the ACO Business Model is NOW
ACOs & Health Care Reform
While many new requirements are involved, the new health care reform law has created business opportunities for hospitals, primary care networks and individual medical practitioners. As a full service benefits administration firm, ACA can help you capitalize on these opportunities by participating in one or more Accountable Care Organizations (ACOs).
Measuring Performance
While the Accountable Care Organization concept will continue to evolve, it is a collaborative organization that cares for a defined population of health care needs and agrees to be held accountable for attaining measurable quality improvements and meeting cost targets.
Share in the Savings
As a connected, collaborative team, unnecessary tests and adverse drug reactions can be reduced and more common errors can be avoided. When higher quality outcomes and lower costs are achieved, payers, providers and hospitals can thrive.
Self-Funding
More flexibility and the opportunity for savings make it critical for Accountable Care Organizations to offer self-funded group health plans.
Local Accountability
By banding together under an ACO, groups of hospitals and providers are improving the quality of patient care by accepting responsibility for improved patient outcomes and participating with Medicare in any financial savings.
Population Health Management
Find the resources and tools your ACO will need to manage population health, share ACO data with the Center for Medicare and Medicaid Services (CMS), improve population health and slow the growth of Medicare expenditures.
Electronic Health Records
In an ACO, at least 50% of the primary care physicians must have Electronic Health Record capabilities. The purpose is to provide for data sharing with the Center for Medicare and Medicaid Services (CMS) and comply with strict adherence to medication protocols. It also helps providers place a greater emphasis on patient screenings.